NO INFORMATION ON DONOR-COUNTRIES FOR CLOSURE OF ARMENIAN NUCLEAR POWER PLANT
Panorama.am
14:45 31/10/06
There is no information on the donor-countries who will provide
financial support for taking up safety measures at the nuclear power
plant of Armenia and its closure, Karen Tchshmarityan, minister of
finance and economy, told a press conference today.
In his words, EU aims to hold a conference of donor-countries to
realize these goals. Tchshmarityan said the ministry is watchful to
the developments and soon information will be released.
Reminder: Armenian nuclear power plant, made of two power units with
the capacity of 815Mvatt, was closed in 1988. The second power unit
resumed in 1995. EU strongly suggests closing the Armenian nuclear
power plant whereas the Armenian government says it can do so only
after alternative energy sources are found.
Armenia estimated the full closure of the power plant in the amount
of $1 billion whereas the European countries are only ready to pay
100 million euro.
Armenia intends to spend $20 million from the total cost and expects
the remaining part to be paid by donor-countries.